Quant Mutual Fund, which has been the subject of a Securities and Exchange Board of India (SEBI) probe into possible front-running, has notified investors of the resignation of its Chief Financial Officer (CFO), Harshal Patel, said the fund house through its notice-cum-addendum. Along with notifying Harshal Patel of his resignation from Quant Mutual Fund due to personal circumstances, the fund company also announced Shashi Kataria’s appointment as CFO, effective July 1.
“Mr Shashi Kataria has been appointed as Chief Financial Officer, Operations Head and Executive Director of Quant Money Managers Limited with effect from July 01, 2024, in place of Mr. Harshal Patel who has resigned due to his personal reasons,” said Quant Mutual Fund.
Shashi Kataria has 20 years of overall experience in accounting, audit, direct and indirect taxation, financials & MIS, payroll, and labor law compliance, of which 13 years are from the Indian mutual fund industry, according to the fund house’s notice-cum-addendum.
Shashi Kataria was formerly employed at PPFAS AMC as a director, COO, and CFO. As Manager Finance, he was also connected to DSP Blackrock Investment Managers.
(more to come)
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